Liberman Jeffery Sells 15,913 Shares of Entravision Communications (NYSE:EVC) Stock

Entravision Communications Corporation (NYSE:EVC) COO Liberman Jeffery sold 15,913 shares of the business’s stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $2.71, for a total value of $43,124.23. Following the completion of the transaction, the chief operating officer directly owned 403,085 shares in the company, valued at approximately $1,092,360.35. This represents a 3.80% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Entravision Communications Trading Up 0.9%

EVC traded up $0.03 during trading on Tuesday, reaching $2.72. 199,220 shares of the company’s stock were exchanged, compared to its average volume of 327,149. Entravision Communications Corporation has a fifty-two week low of $1.58 and a fifty-two week high of $3.15. The company has a debt-to-equity ratio of 1.91, a quick ratio of 2.48 and a current ratio of 2.48. The firm has a market capitalization of $247.00 million, a PE ratio of -2.06 and a beta of 1.63. The company’s fifty day moving average price is $2.37 and its 200-day moving average price is $2.33.

Entravision Communications (NYSE:EVC) last released its quarterly earnings data on Tuesday, November 4th. The company reported ($0.11) EPS for the quarter. Entravision Communications had a negative net margin of 30.16% and a negative return on equity of 51.15%. The firm had revenue of $120.63 million during the quarter.

Entravision Communications Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Tuesday, December 16th will be issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 7.4%. The ex-dividend date is Tuesday, December 16th. Entravision Communications’s dividend payout ratio (DPR) is presently -15.38%.

Institutional Investors Weigh In On Entravision Communications

Several large investors have recently made changes to their positions in the stock. SG Americas Securities LLC acquired a new position in Entravision Communications during the third quarter worth $27,000. AQR Capital Management LLC acquired a new position in shares of Entravision Communications during the 1st quarter worth about $28,000. BNP Paribas Financial Markets increased its stake in shares of Entravision Communications by 86.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 12,298 shares of the company’s stock worth $29,000 after purchasing an additional 5,702 shares during the last quarter. Fidelis Capital Partners LLC bought a new stake in shares of Entravision Communications in the 2nd quarter valued at about $30,000. Finally, Byrne Asset Management LLC acquired a new position in Entravision Communications during the third quarter worth approximately $33,000. Institutional investors and hedge funds own 69.46% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Entravision Communications in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has an average rating of “Sell”.

About Entravision Communications

Entravision Communications Corporation operates as an advertising solutions, media, and technology company worldwide. The company operates through three segments: Digital, Television, and Audio. It reaches and engages Hispanics in the United States. The company's portfolio encompasses integrated end-to-end advertising solutions, including digital, television, and audio properties.